Streetbeat News

Revenues

BXC

BlueLinx Hldgs Inc. (NYSE:BXC) shares are trading at $109.87, experiencing a 2.60% drop in the current session. Despite a 0.53% decline over the past month, the stock has increased by 53.97% over the past year. The company's P/E ratio of 25.75 is higher than the industry average of 17.76, suggesting potential overvaluation but also indicating investor optimism for future performance.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 8:45 pm

LEU

Centrus Energy's subsidiary, American Centrifuge Operating, has secured a contract from the U.S. Department of Energy to expand domestic production of High-Assay, Low-Enriched Uranium (HALEU). The contract has a minimum value of $2 million and a potential maximum of $2.7 billion over ten years, depending on future task orders.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:35 pm

GILD

Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years with an average annual return of 12.35%, resulting in a $100 investment growing to $1,060.84. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 8:33 pm

EWBC

East West Bancorp (NASDAQ:EWBC) has outperformed the market over the past 5 years, achieving an average annual return of 16.6%. A $100 investment in EWBC 5 years ago would now be worth $221.12, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 8:33 pm

FNB

F N B Corporation reported Q3 2024 earnings per share of $0.34, missing the analyst estimate of $0.35. However, the company exceeded sales expectations with $413 million, surpassing the $410.78 million estimate and showing a 1.19% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:32 pm

NFLX

Netflix reported strong Q3 earnings with revenue and EPS beating expectations. The company saw a 14.4% increase in global paid subscribers and projects further growth in Q4, driven by popular content like 'Squid Game' and NFL games. Netflix's ad-supported plan is gaining traction, representing over 50% of new sign-ups. The company expects significant revenue growth by 2025.

Portfolio Pulse from Chris Katje

October 17, 2024 | 8:31 pm

FLR

Fluor's joint venture has been approved to start a $45 billion contract for the Hanford Integrated Tank Disposition over 10 years. Fluor will begin recognizing earnings from this contract starting in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:24 pm

FPH

Five Point Holdings reported a significant decline in both earnings per share (EPS) and sales for Q3. EPS decreased by 22.22% to $0.07, and sales dropped by 74.19% to $17.01 million compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:23 pm

EQT

EQT Corporation expects to report a total gain of $67 million on derivatives for the September quarter, along with $5 million in premiums paid for derivatives that settled during the period.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:18 pm

OCFC

OceanFirst Financial reported Q3 earnings of $0.39 per share, beating the estimate of $0.38, but sales of $82.22M missed the $83.18M estimate. Earnings increased by 21.88% year-over-year, while sales decreased by 9.65%.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:17 pm